Question

With a(n) __________ strategy, the organization aggressively seeks efficient facilities, pursues cost reductions, and uses tight cost controls to produce products more efficiently than competitors.

Answer 1

Answer:

Cost leadership

Explanation:

Cost leadership is the kind or type of leadership which is created or established as the competitive benefit by having the lowest cost or the expense of the operations in the business or industry and also seek efficient facilities.

It is sometimes drive by the cumulative experience, size, scope, scale and the efficiency of the company or the business.

So, the cost leadership strategy, which the business seeks the cost reductions and efficient facilities.